Wood Group opens data analytics centre

Centre broadens firm's capabilities in advanced data analytics to support the oil & gas, industrial, utility and power generation sectors

Wood Group has established a new data analytics centre of excellence at its office in Galway, Ireland.

The centre, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group's capabilities in advanced data analytics to support the oil & gas, industrial, utility and power generation sectors.

A key focus of the centre will be the application to the energy industry of data analytics technologies developed and deployed across other industries.

Bob MacDonald, Wood Group's chief executive of specialist technical solutions said: "We recognise the power of data analytics to enable our energy industry clients to optimise their exploration and drilling activities, enhance efficiencies and maximise the productivity of their assets.

"This new centre, made possible through the support of the IDA, greatly enhances our specialist technical capabilities, enabling us to handle large quantities of data effectively and embrace and explore new innovations and technologies for the oil & gas, industrial, utility and power sectors. This broadening of our capability in data analytics, married with our strong expertise and heritage in engineering will create exciting new opportunities for efficiencies that will directly benefit our clients," he added.

Wood Group is looking to grow the data analytics team to 10 people by year end with the intention of developing further employment opportunities next year.